It is important that people understand what role they are playing in these deals.

I know someone who is rehabbing and I know someone who has been playing the 'appreciation' game.

We have several credit cards which could be used for some rehab funding, but that would only be ideal with a flip so we could pay them off with the profits quickly- not a rental situation.If we were to get a home for $140K, what would be your approach.

I am sick of seeing this same situation play itself over and over.

Of course ideally, he would want to list AND find the buyer.

(ideally)Any advice would be greatly appreciated.

If you play your cards right you should be able to find a landlord that will hold the unit for no more than the normal deposit.

In my reading, I've come across the suggestion that an ideal situation/purchase of investment property is one in which the seller finances the purchase.

When partnering up with someone its important that you spell everything out on paper, that way all parties know what they are getting into and they are no surprises.Partnering up with your girlfriend may or may not be the best ideal only time will tell.

In my opinion not owning any real estate at all but in my current work place I deal with a lot of men and women.